Öreryd is at the top of Gislaved municipality along road 26, Nissastigen. The town is counted together with Valdshult and Stengårdshult to "The top of Gislaved municipality", a geographical name of the northern part of the municipality.

In the early 1940s, Öreryd was a place of refuge for Norwegian resistance men. The camp received a total of over 40,000 Norwegians. During the last war years, the camp became a military training camp for Norwegian police groups to return to Norway. Today there is a memorial rest at the camp site.